Mobico Group’s (MCG) “Buy” Rating Reaffirmed at Jefferies Financial Group

Mobico Group (LON:MCG)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 70 price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 144.91% from the stock’s current price.

Separately, Berenberg Bank restated a “hold” rating and set a GBX 35 price target on shares of Mobico Group in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 43.33.

Mobico Group Price Performance

LON:MCG opened at GBX 28.58 on Wednesday. The firm has a market cap of £174.45 million, a price-to-earnings ratio of -0.55 and a beta of 1.31. The company has a 50 day moving average price of GBX 23.62 and a 200-day moving average price of GBX 23.07. Mobico Group has a 1-year low of GBX 17.06 and a 1-year high of GBX 38.12.

Mobico Group Company Profile

Mobico Group is a leading international transport operator, diversified internationally and by business area; with operations in North America, continental Europe, the UK and North Africa.

We provide safe, efficient, clean and reliable shared mobility solutions to cities, businesses, education, healthcare and customers.

We are internationally diversified with a balanced portfolio of high quality contracts and market-leading customer brands.

We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends.

We are leveraging our network economies to shape the future of multi-modal transport.